Bretton Woods Conference and Harry Dexter White

Council on Foreign Relations Senior Fellow Benn Steil talked about his book, The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter…read more

Council on Foreign Relations Senior Fellow Benn Steil talked about his book, The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order. Following D-Day in June of 1944, over 700 delegates from 44 nations convened in the New Hampshire town of Bretton Woods to design a new global financial regulation system. The United States and England were the two major countries involved in the discussions, with John Maynard Keynes representing Britain and Harry Dexter White representing America. After the conference, the U.S. dollar became the basis of the new financial system now known as the “Bretton Woods System.” The New York Military Affairs Symposium hosted this event. close